Downtown Area, Alamitos Beach (4) Homes with Commercial Sale Property Type

Welcome to the vibrant Downtown Area of Long Beach, California, where the dynamic energy of urban living meets the soothing embrace of coastal life. Nestled in Los Angeles County, this thriving neighborhood is a perfect blend of culture, commerce, and community. Just a stone's throw away from the picturesque Alamitos Beach, residents enjoy the best of both worlds – the excitement of city living and the tranquility of oceanfront relaxation.

The Downtown Area is a hub of activity, featuring an eclectic mix of shops, restaurants, and entertainment venues. Stroll along the lively Pine Avenue, where you’ll discover trendy boutiques and culinary delights that reflect the diverse flavors of the region. The iconic Long Beach Convention Center and the stunning waterfront are just steps away, making this area a prime location for both residents and businesses.

For those interested in investment opportunities, the Downtown Area presents an appealing selection of homes with commercial sale properties. These unique offerings provide the chance to live where you work, combining residential comfort with the potential for business success. Imagine waking up to ocean views, then stepping into your own commercial space just downstairs!

Alamitos Beach, with its golden sands and inviting waves, is a cherished gem of Long Beach. Whether you're enjoying a leisurely day by the shore or engaging in vibrant community events, this area fosters a sense of belonging and connection.

Explore the possibilities in Downtown Long Beach and discover a lifestyle that beautifully balances work and play, all while being surrounded by the stunning California coast. Your dream home and business opportunity await!

Newest Downtown Area, Alamitos Beach (4) Homes with Commercial Sale Property Type

$3,400,000

SB26195965 MLS ⋅ Active Status

Fully remodeled and 100% occupied 12-unit multifamily investment opportunity in Long Beach. Originally a 10-unit property, two additional ADUs have been added, bringing the property to a total of 12 units. The property has been comprehensively renovated and is fully leased, providing investors with immediate in-place income and no renovation program required. With the improvements already completed, a new owner can benefit from a turnkey asset with minimal near-term maintenance and capital expenditure concerns. All 12 units feature in-unit laundry, providing a highly desirable tenant amenity and enhancing the property's long-term marketability. With 12 fully rented units, completed renovations, and stabilized cash flow from day one, 911 Pacific Ave offers an attractive opportunity for investors seeking a turnkey multifamily asset in Long Beach.

911 Pacific Avenue, Long Beach

$1,799,000

PW26189996 MLS ⋅ Active Status

317 Elm Avenue presents a rare opportunity to acquire a truly hands-off, income-producing asset in the heart of Downtown Long Beach. Located directly across the alley from a major United States Postal Service facility, the 7,512-square-foot parking lot is leased to the USPS for truck parking. Beginning February 1, 2027, the property will generate $9,895.83 per month—or $118,750 annually—under a new five-year lease. The USPS is responsible for all property maintenance, providing the owner with predictable income and minimal day-to-day management. Competitively priced at a 5.3% cap rate, the property offers investors an attractive combination of reliable income, exceptional credit tenancy and minimal operating responsibility. Notably, with no viable alternative parking for their vehicles in the area, the USPS operates as a captive tenant—a dynamic that strengthens the likelihood of lease renewal and creates a compelling opportunity to negotiate extended terms beyond the initial five-year period if desired. Beyond its strong current cash flow, the property offers compelling long-term development potential. The parcel is located within Downtown Long Beach’s PD-30 zoning district, positioning it for a variety of future development possibilities. The five-year lease runway gives an investor time to evaluate, design and pursue entitlements for a future project while continuing to collect substantial rental income.

317 Elm, Long Beach

$1,550,000

SB26189366 MLS ⋅ Active Status ⋅ The Chestnut Avenue Apartments BLDG.

Welcome to 943 Chestnut Ave, a stunning multi-family income property in the heart of Long Beach, CA. Boasting an impressive 4,344 square feet of thoughtfully designed multi-residential living space on a spacious 7505SF rectangular lot with common driveway off of 10th Street. The property consists of six apartment units in two buildings, majority of tenants are paying market rent, offering an investor an established income stream from day one with an investment opportunity to acquire a stabilized multifamily asset without the immediate need to lease vacant units. Features 12 spacious bedrooms, 6 beautifully renovated kitchen and bathrooms offering ample space for comfortable living or investment opportunities. Inside, you'll find recently updated bathrooms and kitchens equipped with newer cabinetry, granite countertops, a gas stove, refrigerator, and a convenient breakfast bar for dining. The dual-pane windows fill the home with natural light, perfectly complementing the ceramic tile flooring in each apartment. The exterior of the property offers an array of inviting outdoor features, including a barbecue area, common patio, courtyard, terrace and Juliet viewing balcony. There are front patio areas and uncovered courtyard between the front and rear buildings provide additional space to relax and enjoy the both eastern and western exposure. Each unit has a wall heater and some units have window air conditioning units keeping the spaces cool and comfortable year-round. Convenience abounds with community laundry room onsite. This rare Long Beach gem combines functionality, style, and abundant amenities, making it an exceptional opportunity for multi-family living or as an investment property. Don’t miss your chance to explore the potential of this mult-residential 6 unit commercial apartment building offering before it goes live to the open market next week! Conveniently located in Long Beach's 90813 area, the property provides access to Downtown Long Beach, shopping, dining, employment centers, public transportation and major transportation corridors. 943–949 Chestnut Avenue presents an opportunity to acquire or do a 1031 exchange to a fully occupied and maintained 6-unit income property with market-rate rents, historic architectural character, upgraded interiors, freshly painted exterior, on-site laundry and parking for six vehicles. Professionally Managed with a Local Property Management Company and Financials Available Upon Request.

943 Chestnut Avenue, Long Beach

$3,850,000

26897143 MLS ⋅ Active Status

Premier Downtown Long Beach redevelopment and investment opportunity in the heart of the East Village Arts District, surrounded by new residential growth and a thriving mix of dining, retail, and entertainment. Just minutes from the Long Beach Convention Center, Queen Mary, Metro transit, waterfront, and beaches, with convenient access to the cruise terminal, Belmont Shore, The Pike Outlets, Seal Beach, and Huntington Beach. Long Beach's signature annual events, including the Grand Prix and Pride, further contribute to the area's year-round activity and destination appeal.A rare grandfathered hotel entitlement creates exceptional flexibility and adds a valuable dimension to the site's future potential. Envision a landmark multilevel mixed-use development with ground-floor retail and residential above, a multilevel residential community, or a hotel/hospitality-driven concept capitalizing on this exceptional location and existing entitlement.As Downtown Long Beach continues to attract significant investment and residential growth, sites offering this combination of location, flexibility, and entitlement are increasingly scarce. An exceptional opportunity to create a signature project and help shape the next chapter of one of Southern California's most dynamic urban districts!

154 Elm Avenue, Long Beach

$1,550,000

SB26154402 MLS ⋅ Active Status

1073-1075 Hoffman Ave. presents a fabulous OWNER/USER and/or INVESTMENT opportunity in a great Long Beach rental market. The property consists of a large freestanding single-family home with a 2nd building in the back housing 4 apartment units. The property is legally 4 units, however there is a 5th 2 bedroom/1 bath unit in the back building that is legal but non-conforming; this was a storage unit prior to it being converted unit an apartment unit. The building is in great shape with new windows, newer roofs, extensively upgraded plumbing, and a concrete driveway. The net rentable square footage of the 5 units is approximately 3,462 square feet and the property sits on a 6,959 square foot lot.

1073 1075 Hoffman, Long Beach

$2,348,000

PW26150680 MLS ⋅ Active Status

Now available in the heart of Long Beach, this well-maintained 9-unit income property presents an outstanding investment opportunity. Spanning approximately 7,093 square feet of rentable space, the building is fully gated and features secure entry, onsite parking, and a functional mix of unit layouts. Several units have been thoughtfully updated with newer flooring, fresh paint, upgraded kitchens, and remodeled bathrooms, offering comfortable and appealing living spaces for tenants. The property includes a shared laundry area and benefits from low-maintenance landscaping and a clean, organized exterior. Located in a highly accessible area near major freeways, public transit, shopping centers, and local schools, this asset draws consistent tenant interest. With strong rental demand in the Long Beach market and value-add potential, this is a prime opportunity for both seasoned investors and buyers looking to build long-term wealth through real estate.

1083 Gaviota Avenue, Long Beach

$1,299,000

PW26139832 MLS ⋅ Active Status

Offered for sale, 1404 Alamitos Avenue is a 2,284 SF freestanding commercial building situated on a 5,532 SF fenced and paved lot in the heart of Long Beach. This versatile property includes a separate garage structure within a secured yard, providing valuable storage, parking, or operational space for a wide range of business types. The building’s layout supports contractors, service businesses, light industrial trades, creative users, and neighborhood serving commercial operators. The fully fenced lot offers controlled access, secure parking, and the ability to accommodate vehicles, equipment, or outdoor storage—an increasingly rare feature in the Long Beach market. With MFR-M zoning, the property provides flexibility for both commercial and residential adjacent uses, making it attractive to owner users, small business buyers, and investors seeking a functional, well-located asset. Its central position offers quick access to Downtown Long Beach, Anaheim Street, Pacific Coast Highway, and major north south corridors.

1404 Alamitos, Long Beach

$1,795,000

PW26100826 MLS ⋅ Active Status

For sale is a large classic mid-century, two-story commercial storefront building located near Pine Avenue, just west of the East Village Arts District, and approximately one mile from the Long Beach waterfront and Shoreline Village. Downtown Long Beach and the adjacent East Village Arts District are in the midst of major revitalization, with billions of dollars in planned and ongoing redevelopment. Long Beach is also set to be a major LA28 Olympic host city, with 11 Olympic sports/events across seven venues, including 161 ticketed events and 35 finals. The property is currently vacant and offers approximately 10,000 square feet of building space, plus an additional 5,000 square foot basement. The interior is already built out with lobby areas, multiple rooms, a kitchen, and restrooms, making it a strong opportunity for an owner-user or investor seeking a substantial Downtown Long Beach commercial property.

129 W 5th Street, Long Beach

$2,200,000

PW26044424 MLS ⋅ Active Status

Prime Mixed-Use Commercial Property Near Downtown Long Beach. This two-story building offers approximately 4,812 SF on a 7,578 SF lot and features a unique live/work or income-producing configuration. The lower level consists of commercial retail space, and the upper level includes a 3-bedroom 1 bath residential unit suitable for owner occupancy or rental income. Recent improvements include a new roof installed in April 2024. The property is located in a high-visibility corridor with convenient access to Downtown Long Beach and major transportation routes. Ideal opportunity for: • Owner-user (SBA potential, buyer to verify eligibility) • Investor seeking mixed-use income property • Live/work operator Buyer to verify zoning, use, square footage, and all information independently. Business sale information PW26044444

1756 Pacific, Long Beach

$1,850,000

DW26015025 MLS ⋅ Active Status

Great income at 9% cap rate! Beautiful Craftsmen Available in Downtown Long Beach! Discover an exceptional investment opportunity at 833 Cedar Avenue, a prominent 8-unit apartment building located in the heart of Long Beach. This unique multifamily property, just 5 minutes from the beach, boasts two buildings with a total of 6,494 square feet situated on a generous 7,506 square foot lot, offering significant rental income potential. Recent upgrades enhance this property's appeal, including 100% new plumbing installed three to four years ago and new vinyl windows throughout. The conversion to electric heaters means tenants now cover their own heating costs, as they pay for electricity. Strategically zoned LBPD10, this property benefits from one of Long Beach's most desirable and flexible planning districts, allowing for higher density development. This prime location provides residents with excellent access to downtown Long Beach amenities, including diverse dining, entertainment, shopping, and public transportation options. With its robust unit count, considerable square footage, advantageous zoning, and recent improvements, 833 Cedar Avenue is an ideal acquisition for investors seeking a strong performing asset with potential for future upside in a dynamic Long Beach market.

833 Cedar, Long Beach

$135,000

OC25236098 MLS ⋅ Active Status

MOTIVATED SELLER! 140 Linden Ave #287 ALSO AVAILABLE (next door). Step into the charm of historic Long Beach with Unit 288 in The Lafayette, a boutique Art Deco building nestled in the heart of the East Village Arts District. This compact yet character-filled commercial office-studio offers direct access to the energy and amenities of downtown. Despite its cozy footprint, the unit boasts: A well-appointed full bathroom with tub/shower, Generous natural light filtering through classic Deco-style windows, A flexible open layout, East-facing orientation, promising morning light! Living here places you in a walker's paradise: moments from boutiques, cafés, galleries, and the beach. The Lafayette is framed by Linden and Broadway, an ideal nexus between downtown and the shoreline. Discover a uniquely intimate urban retreat in The Lafayette’s Unit 288. Embrace the nostalgic elegance of 1920s architecture infused with modern convenience. This studio is perfect for the minimalistic office space, the artist seeking inspiration, or investors eyeing a downtown gem. Just steps from Long Beach’s finest eateries, shops, and the Pacific coast, every day presents a new discovery. Whether you’re drawn to character or location (or both), this unit offers a rare opportunity to claim a slice of Long Beach history and lifestyle in one of its most walkable, dynamic neighborhoods.

140 Linden Avenue Unit 288, Long Beach

$130,000

OC25235691 MLS ⋅ Active Status ⋅ Lafayette BLDG.

MOTIVATED SELLER! 140 Linden Ave #288 ALSO AVAILABLE (next door). Step into the charm of historic Long Beach with Unit 287 in The Lafayette, a boutique Art Deco building nestled in the heart of the East Village Arts District. This compact yet character-filled commercial office-studio offers direct access to the energy and amenities of downtown. Despite its cozy footprint, the unit boasts: A well-appointed full bathroom with tub/shower, Generous natural light filtering through classic Deco-style windows, A flexible open layout, East-facing orientation, promising morning light! Living here places you in a walker's paradise: moments from boutiques, cafés, galleries, and the beach. The Lafayette is framed by Linden and Broadway, an ideal nexus between downtown and the shoreline. Discover a uniquely intimate urban retreat in The Lafayette’s Unit?287. Embrace the nostalgic elegance of 1920s architecture infused with modern convenience. This studio is perfect for the minimalistic office space, the artist seeking inspiration, or investors eyeing a downtown gem. Just steps from Long Beach’s finest eateries, shops, and the Pacific coast, every day presents a new discovery. Whether you’re drawn to character or location (or both), this unit offers a rare opportunity to claim a slice of Long Beach history and lifestyle in one of its most walkable, dynamic neighborhoods.

140 Linden Avenue Unit 287, Long Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.